On June 26th, entrusted by the State Council, Hou Kai, the Auditor General of the National Audit Office, presented the "Audit Work Report of the State Council on the Implementation of the Central Budget and Other Financial Receipts and Expenditures for the Year 2022" to the third meeting of the Standing Committee of the 14th National People's Congress. The audit results indicate that in the face of a turbulent international environment and the arduous domestic reform, development, and stability tasks, various regions and departments have increased their macroeconomic regulation efforts, achieving stable economic operation, steadily improving development quality, and maintaining stability in the overall social situation. The main development goals and tasks for the year have been basically completed, and new hard-earned achievements have been achieved. The report points out that the overall pattern of audit rectification has taken shape, and the "second half of the article" of audit work is more authoritative and efficient. China has established an overall pattern of audit rectification that combines comprehensive rectification, special rectification, and key supervision. As of April 2023, the problems discovered in the 2021 audit have been rectified with a total amount of 850.11 billion yuan, more than 2900 systems have been improved, and more than 14000 people have been held accountable. The overall progress of the key issues under supervision has been smooth, and some persistent diseases that hinder reform and development and have not been resolved for a long time have been eradicated. After the audit pointed out the issues, relevant local authorities, departments, and units are actively rectifying them. The Audit Office will follow up and supervise, and report on the comprehensive rectification situation before the end of the year. The macroeconomic regulation policies have been put forward and maintained continuous stability, and the overall performance of budget revenue, distribution, and investment plans is relatively good. The report reveals the audit situation of central financial management. The audit department focused on auditing four aspects: the organization of fiscal revenue by tax and customs departments, the management of central budget allocation and investment plans, the preparation of central final accounts drafts, and local financial supervision. In 2022, the total revenue of the central general Public budgeting will be 10755.214 billion yuan, the total expenditure will be 13405.214 billion yuan, and the deficit will be 2650 billion yuan, equal to the budget; The revenue of central government funds is 2272867 billion yuan, and the expenditure is 1533.558 billion yuan; The operating revenue of central state-owned capital is 269.892 billion yuan, and the expenditure is 261 billion yuan; The central social insurance fund received 278.918 billion yuan in revenue and 289.529 billion yuan in expenditure, with a year-end accumulated balance of 9.218 billion yuan. In 2022, the National Development and Reform Commission will manage and allocate 640 billion yuan of central financial investment, including 146.75 billion yuan of central level expenditures and 493.25 billion yuan of local transfer payments, which will be mainly invested in seven major areas, including food security, energy security and industrial chain Supply chain security, affordable housing projects, major national strategies and regional coordinated development, social undertakings, ecological civilization construction, and major infrastructure construction. The report reflects that the audit results indicate that departments such as the Ministry of Finance, the National Development and Reform Commission, and the State Administration of Taxation have conscientiously implemented the decisions and deployments of the Party Central Committee and the State Council, strengthened the coordination of financial resources, ensured the needs of key expenditures, and implemented macroeconomic control policies in a proactive manner and maintained continuous stability. The implementation of budget revenue, distribution, and investment plans is basically consistent with the economic development situation, and overall is good. The report reveals the audit status of central department budget execution. The audit department focused on auditing 41 departments and 188 affiliated units